The company would incur a tax burden of about 1 billion
euros if it were to use a structure of put/call options to buy
the remaining 50.1 percent of Porsche's core business before
2014.

The Wolfsburg, Germany-based manufacturer dropped plans for
a full merger with Porsche last September after lawsuits against
the sports-car maker in the United States and Germany
complicated Porsche's valuation.

"The integrated Volkswagen and Porsche group will happen,"
the CEO said.

Next In Cyclical Consumer Goods

LONDON, Dec 10 Britain's retailers enjoyed their
strongest monthly sales growth for 14 months in November, helped
by a return to growth in the fashion sector for the first time
since January, industry data showed on Saturday.

NEW YORK, Dec 9 Country star Garth Brooks is in
discussions to perform at the inauguration of U.S.
President-elect Donald Trump, the singer's representative said
on Friday, as organizers of the event denied media reports that
they were struggling to find A-list stars to take part.

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